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Fashion Ralph Lauren

  • *Old Navy sales again a bright spot. Aug 17- Clothing retailer Gap Inc reported better-than-expected second-quarter results and raised its full-year profit forecast, helped by strong demand for Old Navy products, fewer discounts and better managing inventory. Gap's same-store sales increased 1 percent in the three months ended July 29, rising for the third...

  • *Wells Fargo gains limited by California investigation. There's nothing to sell it off, "said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago. Japan said on Tuesday it was possible that North Korea had already developed nuclear warheads and warned of an acute threat posed by its weapons programs as Pyongyang's continues...

  • *Q1 adj EPS $1.11 vs. est. of 94 cents. *Q1 rev $1.35 bln vs. est. of $1.34 bln. "It simply isn't credible for a high-end brand to simultaneously showcase itself in a glitzy store on Madison Avenue, while at the same time hawking a random assortment of sweaters thrown in a ragtag way on a table in Macy's," said Neil Saunders, managing director of research firm GlobalData Retail.

  • *Michael Kors, Ralph Lauren rise after quarterly reports. *SeaWorld hits record low after revenue miss. "We've had an exceptional second-quarter earnings season which has given investors confidence," said Eric Wiegand, senior portfolio manager at U.S.

  • *Michael Kors, Ralph Lauren rise after quarterly reports. *SeaWorld hits record low after revenue misses expectations. "We've had an exceptional second-quarter earnings season which has given investors confidence," said Eric Wiegand, senior portfolio manager at U.S.

  • Aug 8- Ralph Lauren Corp reported better-than-expected quarterly results and said it would pull back more inventory from department stores as it tries to keep a tight leash on discounting under its new Chief Executive Patrice Louvet. Shares of the company soared as much as 11 percent to $87 in morning trading, clawing back most of their losses for the year.

  • *Michael Kors, Ralph Lauren rise after quarterly reports. "New record highs were registered last week as the flow of earnings continued positive with major corporations offering positive guidance going forward," said Peter Cardillo, chief market economist at First Standard Financial. Trading volume is also expected to be relatively tepid with summer setting...

  • *Michael Kors, Ralph Lauren rise after quarterly reports. "New record highs were registered last week as the flow of earnings continued positive with major corporations offering positive guidance going forward," said Peter Cardillo, chief market economist at First Standard Financial. Trading volume is also expected to be relatively tepid with summer setting...

  • The company's net income was $59.5 million, or 72 cents per share, in the first quarter ended July 1, compared with a loss of $22.3 million, or 27 cents per share, a year earlier. Excluding items, the company earned $1.11 per share, while sales fell 13.2 percent to $1.35 billion in the quarter. Ralph Lauren hired P&G executive Patrice Louvet as its chief executive in May,...

  • Aug 8- Ralph Lauren Corp reported a 13.2 percent fall in sales as the company's move to sell more items at full price discouraged shoppers in North America. The company's net income was $59.5 million, or 72 cents per share, in the first quarter ended July 1, compared with a loss of $22.3 million, or 27 cents per share, a year earlier. Revenue fell to $1.35 billion from...

  • Aerosoles, known for its affordable flats and wedges, has hired investment bank Piper Jaffray Companies and financial advisory consultant Berkeley Research Group to carry out the strategic review, three sources said Thursday. Aerosoles, Piper Jaffray and Berkeley Research Group did not respond to requests for comment. The shoe company has about 80 stores in...

  • NEW YORK, June 19- Children of the rich and famous have a reputation for being spoiled brats who do not know the value of a dollar. Then there is the daughter of famed fashion designer Ralph Lauren. Dylan Lauren, 43, has made herself into a female Willy Wonka by creating the world's largest candy store, Dylan's Candy Bar, in Manhattan.

  • May 18- Gap Inc reported a surprise rise in quarterly same-store sales, bucking the trend of dismal results in the U.S. retail industry, as the company benefited from the robust performance at its Old Navy brand. "Old Navy has a very significant penetration of millennial customers that are engaged in that brand," Chief Executive Art Peck said on an earnings call with...

  • Gap's sales have been buoyed by robust performance of Old Navy, with the pocket friendly brand's comparable sales rising 8 percent and handily beating Consensus Metrix's estimate of a 2.2 percent rise. Earlier in the day, Ralph Lauren Corp reported its ninth straight fall in quarterly sales at established stores, and on Wednesday American Eagle Outfitters...

  • *Same-store sales down 12 pct vs est 6.5 pct. May 18- Ralph Lauren Corp reported its ninth straight fall in quarterly sales at established stores as fewer customers visited its stores, sending the company's shares down 3 percent to levels last seen during the financial recession. That contributed to a 16.3 percent fall in overall sales to $1.57 billion, also hurt...

  • The company reported a net loss of $204 million, or $2.48 per share, in the fourth quarter ended April 1, reflecting a more than $300 million charge related to restructuring and severance pay. Ralph Lauren posted a net income of $41.3 million, or 49 cents per share, a year earlier. Excluding items, Ralph Lauren reported a profit of 89 cents per share, beating analysts'...

  • Ralph Lauren reported a net loss of $204 million, or $2.48 per share in the fourth quarter ended April 1, reflecting a more than $300 million charge related to restructuring and severance pay. The company posted a net income of $41.3 million, or 49 cents per share, a year earlier. Excluding items, Ralph Lauren reported a profit of 89 cents per share, beating analysts'...

  • May 17- Ralph Lauren Corp named Procter& Gamble executive Patrice Louvet as chief executive, more than three months after his predecessor left the firm, following differences with founder Ralph Lauren over the direction of the company. "Finding the right partner to work with me to take us forward in our evolution has been my primary focus over the last several...

  • May 17- Ralph Lauren Corp named Procter& Gamble executive Patrice Louvet as chief executive, more than three months after his predecessor left the company following differences with founder Ralph Lauren.

  • April 26- Weight Watchers International Inc said Mindy Grossman, current chief executive of HSN Inc, will join the diet company as CEO in July, sending the company's shares up nearly 13 percent in aftermarket trading on Wednesday. Grossman was named Fortune's Business Person of the Year in 2014 and has been named one of the world's 100 most powerful women three...